Conip•Try r•gl#tratlon number 02990425 (England 4nd Charlty r¢glstration nwnber 1051657 IEngland •nd Wal) AMBLE DEVELOPMENT TRUST ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2026
AMBLE DEVELOPMENT TRUST LEGAL AND AOMINISTRATIVE INFORMATION PH Rigby DG S hlcka CAmstrong WAnnstrory Ld JM Dunn J Hoskin J Richar P Davhtson AHury PK HKJyin8 IAppointgJ 18 ju 20251 (Appointed 2 Febiuary 2026) IApprAnled 2 February 2026) {APIrSt•d 15 April 2026) S•cretsry JAston c(ty of inGorporntlon Unrted lQ"nkM1om (Ewknd and Wals1 30425 Charlty rnghtr•tlon EnglaThJ and W&es 1051857 Prlnclp•l addr•¥¥ Fourways 2 6 Dlston Teif8ceAmb M¢Wh )rth(rnr NE65 (KIT Independent examlrnr Robson Laidlèr tcountants Limitthj Ferrnvood Ro•Y Jesn¥JThJ NaSe Tyne Tyne aThJ En9l¥ThJ NE2 ITJ Unrty trusl Bank pk Fow BrinYpLlce 8irrriryliam B1 2J8
AMBLE DEVELOPMENT TRUST CONTEKrs Page Trustees, report Independent examinerfs reptyt Statement of financial ivits Balancè Sheet Note8 to the fw4ncMI statents 10-19
AMBLE DEVELOPMENT TRUST TRUSTEES, REPORT (INCLUDING DIRECTORS. REPORT) FOR THE YEAR ENDED 31 MARCH 2026 The trust8¢$ pros&nl th•ir anal st•temonts lor the year 31 March 2026. Th8 financlal sLit8menl$ have been ryepared with the PDlicies set 1 in note 1 to the financial slatemenls and compty with Ihe charitys gw)vemrKJ doc¥ment, the Companies A(a 20( and "Accountinp and Reporting by Charities." Statement of Recommender5 PraclKe appkcable to charities preparin9 theif accounts in accordance with the Finan( R4)ortDvJ StNJard aWi(aL4e in Ihe UK aThJ R•public of Ireland IFRS 102)- leffective 1 January 2019). Chairnun's r•port A$ Chair, rt's my great pleaSUFE to wekome you all this year'sAnnual Rep)rt. It has b88n another great year filed with heMentS community ¥ilFt exa plans lor Ihe fulur•- Jnd I'm delighted to share all th¢ detai15 wilh you. Objoctlvos and act1v1tS The objectives of th8 trust a to Tegenerate Amble tskng a ad in Thst aspects of 8conomK. Sock and community rogeneralion in partnorship with other agencAès lo provide the cond1tTr5 and infrastructLe for th¢ re8loratK)n of¢ommunity 5eK confiderts, selfesto¢m and prospetty. Publi¢ bonofit The Trust continues lo pwovbje a rnr9e of seNces kn pubk benefil in th• forrn of affordabl8 housing. empltym8nt counselSrtg. med$ and IT pfojects as well as r)peratw SrtS #nd LsUre fau'l15. In add¢tion through the operation of the Lobster Hatchery rearing tsliu¥enile kjbslors WD are ensurirjg a Sustsinth Ihal benèfits the wider Gomnwnty in Ihe tonger temi. The trustees have pabj due regarf to gUKla issued by lh• Charity Commiwon in doc#lits3 what actMts Ihe charity should undwtske. Achlevements and pwfOnn£Q A Vfjry Special AchieTrnn•nt The bigg951 hghlighl ol the year by tar has ton our hor#1[ of rMj Tho King'$ Award for Voluntsry OrganisaOn9. Th's is a truly pre51igious award - eQuNa1 an MBE- given directty by j¢Sty the thg to recognise tho incredible work ¢aNd out by cKganisalK)n5 tun by OT SUPFthNig volunlgers. To eeletAate Ihts athi0¥8mont. and iMrrtantty io say a thank you lo all volLFnkn acrom our lown. we hgkj a special celebration eveNt. Th¢ Lord LUtenant joined us to piesenl our trustees wrth a Wuts"ful. engfavéd crystal in ieeognth'on ol oui th. invsled rewesent•lwes from IcKal voluntary group$. giwng us the pertecl chance to acknowledge the invalu•ble differen they make to lrfe in Amble. And of ¢our5e. celebr81ion would bg complele wilhoul c8k¥l Huge Ihanks to Cotyn at The Farm 8akery. whose amazing ba"n9 and da1811n9 sknlls made thè day even more spe¢ial. R•nOratIon & PhysA¢al DeYelopm•ni' Growing spac & GrowirvJ Tnt. Down al the MW¥rè. ihe fruit trees we planted are thrNing and looktng better than ever. owe a rnasSi Ih¥nk you to John. one of our dethcaled teers. who works liteléssly lo look aftgr tho orch¥d and keep it bi gOCJ eoThIitsc. Our lo footbal 16ams ntrnUe lo 11)urish too - every week ¢)ver 2OJ young Feople lake part in trainin9 and matche5. all organised by vdunleers WIKJ give up so much ol fre8 tiTh. Seeing so many thikjren and ytsuryJ people active, happy pngaged 15 a wonderful lestarynt to Ihe hard work of thos$ Volunteers, who make evèry session lun. indusivè great for haatth aThJ wdlbew¥J.
AMBLE DEVELOPMENT TRUST TRUSTEES, REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED) FOR THE YEAR ENDED 31 AIARCH 2026 Shaplng Our Fulure: Th• Nolghbouthood Work on the Amtle NwghbcMJrhoc•J Plan is now its final stagesl Vk're iusl puttww the last bits of paperwork in pl before we our final corrThinty nSUtta11tsn. aftèr whth th8 pkn wll be sent lo Northumbedand cfity CouwKil, They will GheGk that e4Erything ah'9ns ¥Mlh the wider Northumberfand LDcal Plan befora it is submitted to government. Wrth possiNe changes to plannirrfd rules the horizon. our stserI woup 15 working hard lo get everything subrnrt1 as quickty as possrtjle to securè our t1.5 wsion. Stsndlng Up lol Coa•t•l Communities We continue lo 3Y an al¥e rokn in Coastal CLYnmunty workshops. wkor8 one key request has been lor a dedicatèd Ct)astsl Minister. Severdl members of our 9roup travelled to Parfiamenl lo $poak direcdy about the challenS faun9 peoe living along our coast - fr(#n housing shortagg$ and limrted job opportunils to trgnspDrt i¥$ug¥ and gap¥ in fijnding. We were aty $nraged that cwjr clCemS wèrè li%lened to soriousty. and we've tyoen thvtled b for further discu¥8m 8(W. Trust Pro1rtI•• 'fe plÈBs&d lo Shar8 that, desprte a lew fewl thanges to lena$, all of our office. retail residential spaces are fuly OCCUF4"ed - sipportry eSs0$ and I0¥1[Vd Mmes and w0SpaCeS right a¢x7s6 communrty. The Welfart part(: craab.ng a Sporting Vllago As many of you will have read in Thè Ambr, we hav8 Subme a Community Asset Transfer request to Northumberfand County Cou41 for Ihe existing spts al the Jame$ Cthrt Sponce College srte. Undér eurrent plans, this hall would be demolished once the new s¢lYx4 5rte open5 in Sepiember - wo want to save itl Retaining this buik"ng wrAJld gNe us fanlastic for sport, oJttural nts an4 me¢Jia act1w13. Silting riglrt next lo the Wetfare, and Llose lo the planned new 3G prti at the School. this deveknpmtsftl briThJ averythiThJ together to ueat& a fants$'Sporth9 Vthage. ewyrx to enp)y. A doosion was ginal expected at the end ol January but has been delayed. 're keepmig our ffiFVJW3 cr055ed and hope lo hear positive news ¥wy soon. We also have mv5 regarding oceess arr•ngOnI5." the (knveh¥ers for XSC ¢onffimwJ they w0j nol need lo use the lare gr0dS to the 5e, as an atternat rcdrte has rTh Lwn agreed. You may remember last year we Kted that the cou1 wanled to use a palh ar%oss the Welfare •s thoir 'Park and Stride, route from the old school c4r pafk to the developmènt. we' now r•ache(I veibal agreement that extra lighting is ne¢¢Jeil to wrtake th path safe for everyong. Howevw. the legal paperwork dèfinir4J h8allh and safety resportsibdrfi.es between NCC and Ihe school still be¥¥J worked on. firsl raised th'5 back in 2022. so time is moving - ifs Mtal this is fina&sed bèfcrfè Sept8fflber, othemse we won't be ab to albw a0$¥ through our land. Th• Ambler Our communty nMpaFer remains heartt1 of kx81 arKI tormation. The Ambler k¢ops al updated on events. hyhlghts important issues, and gi¥es a voTr¢e lo lowcs that malt•r nwl lo residents. 11 would not exi31 withEyJI our amazin9 leam of vo¢unleers. who work 8k)rgside our editor lo wr"rte. dèsign and delN8r èvery issue straight lo your dcrfjr every month8. Thank you all so muth for your linN*, crnalmty and commilmenL
AMBLE DEVELOPMENT TRUST TRUSTEES, REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2026 Flnan¢ial f¢vi Financlal support: During Ihp finanryal year 2022026. most of ow wKome has C¥Jm• from cu (s¥m a(vities, thng$ide addrtKJnèl funds earnèd Ihrough project ManagNeI Rental inccne from our offices, shops arKJ h[$ ¢5 our sour¢% of bJnding- W tlys allows us to nvest over £90,0 back into the comm¢Jnty every yé•r 1hroh wojeds. services and r6soui¢es. '¥e a150 rVed vital Support from grwits atid thtrnalH)ns. tho Ar & Wathorth Rotary Ch. and oen•rou$ personal donations maae to TheAmbbf, To 8¥8ry $IvJ fvnd¥ and dorM)f-Iha)kyou. YOLX Sukwt makes effjthw¥J tA do polbIe. Rk man8gom•nt The truste95 have a duty lo idontsfy and revw risks to Ihe ¢Jwty is exposed and to ensure appropriate controls a in pla to prode reasonabk 8ssufanc8 agairtst fraud and error. Pl•n¥ for futur• p•riod Exctiry Opportunili8s If our appIratk to retn Ihe sports hau $ sJCCw, Twe'll imrnediately 9•1 lo work on drawing up do¥8bpmènt plans, puttng legal agreements in rAa¢e and apptyir¥J for to make the mosl of Ih¢s new $px. Plans include climbing w311 and dance $tudÈo ch, our existing faclits and It rW 3G pitch, creat8 a fantasbc resourc¢ for of all aw arnl infa(8Sts. AlongsKle our netyhbours Wdrkworth. Hal and Acklington. we've also subrT4tted an inrtkql bMI for the pre51ig¢'ous Town of clure award, run by the Department for Cullurè. Medra and srt. Thè first slag8 asked us lo tell the Blory of our four parish8$- where we've come from. where we are r¢ow. and where we hope to go. Fitting thousands of ypars of history into pjst 41JO words was no easy laskl W we were 8Ne lo share our incredible herrtage. from Bronze Ag¥ settlpments and Nning raih¥ays to fishffig induslry. ceatNe communitias and growiig Iwrism sector. 01 u)uw. we also hwj lo iThaude the amty St (rf the RMS Mauretania. right 18 In our region. W8 kntyw there wll be mony appkcffls, Imrt Wè'fy 9wiryJ il OLsr besl sholl SC•S$4 b#ts will be hjngtistod. wlh selected grc4Jps ¢¢I¥lg £60.tth lo d¥¥elop tr'r lull proposals. Evenfualty. one wbnnTrng town wll receivè £3 million. with ts¥o run{$-Up 98tbng £250,LXXI e&h- all to deliver speaal events and a"tieS in 2028. As they say, you've got io bo in il to itl We're also k)oking fojward lo closety wth Fknrthumberland c Counol 19a¢Jws and +)ffieers. abngside Amble Town Cncil. lo devèh)p a nwi EnOrn De0pM$t Plan for rmjr tn. This r8 3bll in tho earty stsges. but we'll keep everyone updat1 throw Ambler as plans pr¢)gress - we're ex(ated lo explor$ new funding opp0rttsnilS and ide8s ftyAmble. We'll continue lo supwt the Neighbourhood Plan steenng grwp a¥ Ihoy o)mpIe thw"f worK rgady for consultètwjn and submission_ It's wonderful trj see mor8 and Ire L%fftmunrty groups and supwt nisn5 Using confereneé mom to run wcwkshops and share infoimalKJn - we're ak4ays happy lo prov¥Je Space and support for groups bringing people together. Our core aim remains th& same". lo h Amble r8¥th its fijll polential_ .1 keep seeknng nèw opportunities, buihjino partnerships and woikj.ng hard to mak6 oui town arb even bettef place lo live. work and ¥i$il. A H•Artf•lt Thank You Finalty. I want to say a hugè thank you lo o¥eryone who makes our work PDSSit4e. To our $l•ff, trustees, management committee and volunteers your hard work aTrJ d8dicAtion are the foundatvJn of everything wo achieve. Thank you also lo our funders, partntrrs, wpporters and every mwthf of the rAtty. Ambbo truly is a ¥Pgcial place, built on carè. support and amazirvj ¢x*nmunity spinl.
AMBLE DEVELOPMENT TRUST TRUSTEES, REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2026 Stnictur•. go¥•rnanc• and managèmont The charity is ¢orttro116d by its LKwerning d¢)oJmenl. a deod of InML and rLJnslitutes a limil•d o)mpwry. lirnited by guaranlee. as defined by the CompaftiesAct 20. Amtjle Da¥th)pnwnt Trust is a rA)mpaiy Smrted by guarantee, set on 15 Novwnbor 1994 aThJ its govemirg document its Mernorandum Art8 of Assocjation. It i% règislered as a charity with the Charity Commrssion. Every mémbÈr ol the charity tlndertakes lo Conln.be an amount as may be required (not exceeding £11 to tho harty's as5et5 rf it shoLld be w1nd up •thi he or she is a rnembw, or wrthin one year afler he or she cpased to be a membef. The trustoes, wl¥J are a150 the difectots for the purpose of cxmnpany l. afvj Served during the ye&r and up to the dale ol signature of the finarKial Statements were.. RA Hende¥son PH Rigby C Weir DG S Nick•ts L Morelli T Clark C Amstrong W Armstrong J CaTnJther5 ML8ond JM fJnn J Hoski J Rthards P Davidson A Hume PK Hi9gn$ (Re&ryd 18 May 2025) {Re8wJned 18 May 21r2¥ (Rawnod 9 Janu¥y 20261 IAppc¥nted 18 June 225) (Apwnled 2 Febnjary 2ff28) IApprMnted 2 February 20261 (Appointetj 15WI 20281 R•¢rultment and appointrnent ol n•w truslws The diroctors of the company are also chanty trusteès for the puw$ ofchaiity law. Under the qUIrementS of the Memorandum and Artides ol A550ciatK)n. thè IrLt¥tees serve 3 Ihree yew period by rotatson and may be rg- ected foi a furtherthree ye8f p8rw)d at each annuat general ntiry. None ol trustees ha5 any benefits'al interest in the company. AJI of ihB trustees ar8 mèmbers ol the company and guarantee lo eonlrijute £1 the event of a ndIng up.
AMBLE DEVELOPMENT TRUST TRUSTEES. REPORT IINCLUDING DIRECTORS, REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2026 Oryaniutiol $lFuthYe Th• charity is managed by the Manag8m8nl Commrtlee. The number of trustèes i¥ fe5trKted lo a maximum of fifteen. wilh Ihe make-up of the repTesenlali¥es requirèd lo fvffil tho uiteria s8l out in the orandUm and Articles ofAsswation, lo ensure a(ouate repre$trIK)n of am areas of the conN)Mmty. The Tru5Ys slnKture and t•8m r¢main con5tstenl. h fam" faces worting hard to dalrT our serwic8s projects." . Wlb"am$ continues lo lea(1 prodLthn of AMW. ensuring every edition is p#¢k•d WTth the slories you want to r&id. . Julie Lbuffl han¢Jes all our admintstrab.on •xl is aw on lo titi CV writho. Fob appètionS and genewal enquir kia emal. Sandy H19s - a150 l¢xaNy as 'The Mad Jam Kknman. _ shares incr¢diWe PTeserve4nak4'ng S"11S. producing our wpular Pr of Northumbria range. ,$ also won mtye awards this yeaf for her tsmous - wall don? Sand. . Julkg Aston and Matthew C¢A)nolty ovwsee our day-to-day Operat. as w81 as strategic rlannirKJ. buthjels. ass8t management rèprewb"NJ the Tntst on cornmNt88s arNJ gruups ac¥05s the re9. Our tradlng arm. ADT thUMbeal Ltd. empk)ys the tgam at Wlage. We're a0 prOj lo remwn rrwnbws of LLxality, natKMwl netw jppoItin9 0)rrunty or9ani¥tw3. Induetion 4nd tr¥ining of new trustees Most trustees arè 3lrèA(ty faTh¥li9r with the pradi(l ol the charity. Additionally. new trustees afe invilad and eneouragtrd to attend a series of short mèttsrtgs wilh somo of ihe exisb.ng trusttts lo famdiarise tFmselves wilh the ¢harrty and the wnlexl within whh il oppwates. These irnr. - The Obligatn$ of board members. - The docJJments which set out Ihe QFeratK)nal framework foi the tharity. . Rèsourelng and the cuThent ttsrtK)n as set ol in tho ts8t pubth'shed accounts. - Future pkns and Cl"eCtIVes. The Irustsg wa5 rfwroved by the of Truste. PH Rigby TTU8t8•
AMBLE DEVELOPMENT TRUST INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OFAMBLE DEVELOPMENT TRUST I report lo tho Irusteos on my einal of the finantial 5tatemonts of Amble Debbpmenl Trust (the tharityl (of the year ended 31 March 2026. Responsibilities and basls ol rnport A$ the trustoes of charity land aL ts de¢lor$ lof Ihe Wfposes of company 18w). you a rnspon¥ible for the prEparntioTr of the finanual stat¢m¢nl& in aoxrdance wrth the requifement$ of Ihe Compani8sAcl 2006. HavirvJ satisfied mysèK that thè fmancial statemenls of the tharty arè not rewtit8d to b• aLNJrted un¢Jer Part 16 of the Companies Act 20C6 and we eligib for independent examination. I feport in resFect ol my examination OT tho charity's financlal statements caffiÈd out under 9@dn 145 91 the CharitEs Act 2011. In carrying Qut my examinat I have followeij the Dir¥¢iions given by the Chw ConYni4SKJn under section 14515llb) ol the Charits Act 2D11. Indop•nd•nt •umln•rfB statement I hal compted my examination. I confm that Th) lllatte CLYne io my att•ntion in connectJn wth the •x4mination gmng me cause to Ihai •ny material r8specl'. accounting re¢ords w8r8 not kèpt in SpeCt of the charity as requwed by sedxjn 386 of thè Companies Act Ihe financial statement5 do not arAJriJ wrth 11 rÈeords.' or the finanoal statements do not cofflply th the afxounb"Ag rwiremènt8 of se¢11 ol the Companies Act 20C other than any qUirement that the financral $ements give a true aThJ Ir whth kg nol a matter considèred as part ol independènt exaunat.. lx the finawal stslement5 have not been prepared in •¢¢ordarKe wth the methods and winciples ol thg Statement of Recommer Pra(lu lof nIty and lertIa by charili•$ appltcable lo tharit$ preparing their finanrial stalements in aCCorce with th• Ftnwl Rowrting Standard applie2ble in the UK aThJ R8publK ol Ire IFRS 102). I have no concems and have come atross Tr) o¢her matte15 in connect)n wilh th¢ exominalion to lch attentrjn thould be drawn in Ihis rfjp in Ofdwto enabk a proper underslanithrw of the finanoal stslements to be &¢*¢d. Nicholas Cunningham FCCA Robson Laidlor AcConts Lhnlt F8m%¥0d Hous8 Fernwd Road Jesmond Newcastk upon Ty Tyne and Wear NE2 ITJ England Dated. .Ik-. l-.gFA...
AMBLE DEVELOPMENT TRUST STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 MARCH 2026 Curreftt flnancial ye•r Unrestrictsd kntrlct•d fvnds funds 2026 2026 Total Totsl 202$ 2025 Incomo and ondowments from: Donations and legac Other Iiading actNrties Other inctsme 3.025 119.310 3.025 119.310 845 271,550 117,597 2,331 Total Incom• 123,180 121180 391.478 Expènditur• on= charitab acaivitio 168,71 188.71 145,344 Totsl expendltur• 168.7 168.7 145,344 Not Incom{expendIIur) 145.526) 145,S261 246,134 Transfers een ldS 265.695 {265,69SI Net rno¥•m•n kn fvnd• 220.169 {265,6951 145.526) 24e.134 R•¢on¢ll1I0n of fvnd8: Funfl balances al 1 April 2025 2,483.413 266.cm 2.749,508 2.503,374 Fund balances al 31 lthrch 2026 2.703.582 2.703,982 2,749,508 Th• staleThnt off1ra31 a*ivrties indudes all gains and los¥es iewjnised li Ihe yw. Al income and exp¥Thailu derive from continuin9 %tThits.
AMBLE DEVELOPMENT TRUST STATEMENT OF FINANCIAL ACTIVITIES (CONTINUED) INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 MARCH 2026 Prfor fin•n¢i•l y••r Unr••trict•d R•*trictsd funds fund• 2025 2025 Tolal 2025 Donab'ons and a£leS Other trading tIlIeS Other IncMe 4.855 117.597 2,331 286,695 271.550 117,597 2.331 7ot41 Incom8 124,783 266,695 391.478 Expèndlturn ¢)n.' Charttabje actNitS 144.744 145,344 Totsl •xp•ndltuM 144.744 145.344 Net incomellexpen¢%turel and mov•m•nt in fund 266.09S 246,134 Rpconciliation of fun&: Fund balèncos at 1 April 2024 2.503,374 2,503,374 Fund bal•Th¢os al 31 March 2025 2,483.413 266,095 2.749,508
AMBLE DEVELOPMENT TRUST BAIANCE SHEET AS AT 31 &VARCH 2026 2026 2025 Motss •d au•t• Tangib assets InvestnIS 12 13 2,.955 2.423.969 2,450.957 2,423,971 Curr•nt •••ts Dpbtors Cash at bank arn1 ffi h•ThJ 14 9,517 273.384 254,157 300.on 282.901 554.229 Credltor>'. amounts falllng within ono year 15 (29.876) (228,692) N•t ¢urrnnt ets 253,W25 325,537 Total assets lem curr•nt Ilbiliti•• 1703,982 2,749,gJ8 Th• lunds ol tho charfty ReStle income lunds Unrestricted fund5 16 286.1 2,483,413 2.703,582 2.703.982 2,749.508 The company 1$ enliued to Ihe exm)lion from Ihe KIit f¥quwennt COntawd in stiOn 477 of Ihe Ccthpanies Act 2006. fot the year ended 37 March 2026. The clrÈcors Anowledge reswnstrJts ojrnpty Imih lh• rnoxpment8 of the CL¥npans Act 2C wilh peCt to accoLmting fecords bJ the proparabon of finarKia slatertts. The members ha¥e ncrt required the to obtswi an audil of 5 finan(aal $t¥tom•nts for the year in question in aceordonc with Jedion 476. T$8 faal statements have teen prep8od in accord•1 with Ihe w(Y•iS¥)n6 applibIe to ccthpani8¥ subject lo Ihe small oimpanTres regHn&. financial $tstem w8rg aFproved by the trustees on ... /S PH Rigby Tru•ts• C¢)mpany reglslration numtr 029W425 IEngl¥nd w¥J
AMBLE DEVELOPMENT TRUST NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2026 A¢¢ounllng poll¢O•s Charity informlon Amble D$v9l00nI Tnjst is a wivate company linrted by g4Jarantee Inc[Poratéd in England and Wales. T regi5tgred office is indud&J on the ¢0mY inlonnalKJn page. 1.1 Basis of preparation The fw)anoal stslgments have been prep¥ed in a¢xrdwTh with the Clwtys goveming dC)jn1. I CompanEs Ad 20[, FRS 102 "The FInarKi ReportirvJ StaTrJaTd applb in the UK and Reputsl of Irelan I'FRS IOT) and the Chan"ties SORP -AceounlwwJ Report9 by Charities.. St8ttrment of Recommended Piactice apPlUb to tharlIS Preparing their arLounts in 8¢cordance th the Finan¢ial RèFM)rtiny Standard applicab 4rJ the UK Republic of Ir•l•nd (FRS 1021" (effective 1 Jwry 20191. The charity 18 a Public Benefit Enttty #s defined by FRS 102. Thg ¢harty h• tak advant0 of the provisKTh in the SCIIP for rb)I to prepare a Statement of Cash Flows. Thè fiftla1 sta18M are P(epa in s18h"ry. is the turNAl1 currency of the ehity. Phnelary amounts in these ffinarKkil statements #ro rounded to Iho nearesl £. The financk41 stalements havÈ been piepar•d undgf the hISt1 Ca)sl c£thènt#)n. The win¢ipal aLrount pobcies ated are bekmf. Preparntlon of ¢Dn•olidat•d financial ststèm•nts The financAal Statements cont3in informatKin aboLtt AmtAe Devthpmort TnJ8t as an indNKJual ts)mny do not contain CL5011da1ed fInaal informatim a$ the parent ol a group. The charty i¥ e¥empt under Sect#)n 39912AI ol the CompafyosA(a 201% from the r8(wmth)ts lo prepaf8 consobdated financwl statements. 12 Golng ¢on¢•m Al the lime ol approving the fin8nL?yl ¥talement5. the Injstees have a reaable exFeCtation that the charity has adèquate resources to wnb.nuè in operat5 eMi818nce lor loreseeable fLrture. Thu¥ the trustees ¢tinUe to adopl the ln9 c¥xxtrm basis of accounlry in wepar•vJ Ihe fvi¥n¢ial 5tat8m8nls. 1.3 Charftabl• fund• Unre81ricled funds aTe available use at th9 disuetKm of the Iws1 in firfi•ranre of ther charitable objectrves. Reslriclgd funds a subpca to spgof¢ c4rKlrfis by donors crf •• a$ lo they may te d. Th# pwposes and uses ofthe restncted ndS are ¢Xrt in the ncrte$ lo the firtan stalem&nts. EndNmenl lunds are 8ubiert 10 conditJns ty dows that the CaPbtaE must be mainlained by thg Larily. 1.4 Ineom• All incoffle is recognised in the Statement of Finanual Ath"vities orth the charity has entrtlemènt the funds. rt is pttjbthe that the income wnll t recewed and the amounl Gan be measur&J reliably. 1.5 Expenditure LwqbililS are rwmsed as expendrture as 8ts)n 45 theT8 is a or thnstructN8 obl3ation committing the charrty to Ihat expenditufg, rt is probable that a Iransfer ol e¢onomic beneffts will be reouifed in 88ltlement and the amount of the obligAb"on can be mea$U reliabty. Expenditure is a¢xounted fo¥ on an accruals basis and has been cl¥ssified under headings that aggrègate al cost rdated to the r21egcry. Wh8fe co$1$ Gannol be ¢J'redly a1buted to partu* headiTVJ5 they have been alloe•t•O lo on a basis con$Lsl&nl with tho use of resc4Mces. 10-
AMBLE DEVELOPMENT TRUST NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 AIARCH 2026 A¢eounling polici (Cont1ndI 1.0 TJngible red us•ts Tangle fixed assets are inrt• m8asured at 1$1 subsequenuy measured 8t ojst or v•lu•tion. net of d8pralK)n and any impairrnenl losses. Depr¥¢ialion is recognised so as to lte off the cost or valuation ofassets their reshlujl vakKs over their useful lives on the fglc5wing bases.. Freehold land and buildings Improvemènts to propety Planl and equiprnenl Fixtu$ and frttings Comp4rter5 provkjed IO% straight line 4% strayht li 2S% r¢duc4rwJ balar 25% reducANJ bal The gain or1058 arisin9 on thè thsp)sal ol an asset is ¢knnnifEd as Ihe diff•r¥no betsveen the s#lB procgeds and th¥ ¢arry value ol the asset. and is rewnwd in the stalèmenl of finan(ial actMts'e$. 1.7 Fixed asut InVlM•n Inv8stmont5 are sl¥led at cost the 1 A knpalrn?•nt of fixed assets PToperty. plant and equipment are revied for impairmeftt if 8vants or (anges in 0rrumslarS indtsle that carrying amount of Such asstrts may Tr)t be retsjvernble. 11 there $ an IndtIOn ol possible irnpaiment, the recDverable •mounl of any alFècted asset esb"mated and Gy)mpared against rts carrying amount. Where the estim•lEd reco%rable wount is Ier, an iry4iFment loss is recogni8•d irtmmedkgtety in proft and loss. 1.9 Calh and Gash •qylval•nts Cash and rash equNalenls include cash hand. dep03its hekl at caH with banks. othèr short-tgrm Iquid investmenls with original maturities of thr80 months or lèss, and bank overdrafts. Bank overdrafts are shown wnhin bc¥rOnUS in tJJrrerrt liabibtJ. 1.10 TaxatM>n As a chafty. the rnpanY is exempt from tsx on income aThJ gain5 lo the extent that thes• •re appl(1 to Charitable objects. No lax chS have arisen in the tharty. 1.11 Employe• b•n•fits The cost ol any unus8d entilkn&rt is Ipcowd in the pei¥Jd in •mpk>y8e's sep4icè$ TerminatKJrt benefft5 are regniSed immed43tety as an exwn3e when ihe chy 13 demonstraw e£mmitt8d tc tsrminale the eMPkJyme of an empk>y¢e or to prode twmination benefils. 1.12 R•tirement b•ft•fits Thè charitable company operates a defmed conthixAKJn pension sdwne. CltribUtiOnS payab to the charitable company's pension scme are chw to the stateMrt of Fin8nc4al Acliwtie5 in the perKJd to whth they telate. 1.13 Debtors Trade debtors ar• reo4nised at the Settl8nnI amount due aft8r any trade discount offwed. Prepayments 4 valued at the an¥yJnt prepaid after taking count ot any trade disCtsnts due. 11
AMBLE DEVELOPMENT TRUST NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2026 AGCOllTrting polic5• (ContindI 1.14 Cyodlloys and provisions Creditors and provisions are recwMI where the d)ity has a wes•nt otth"gation resutting from a past event Ihat will wobat4y wutt in the Iransler of funds lo a thd party aThl the amount due to settlethe obl4.93tn ran be Measur or esknmaled reli. Credrtors and prowsions af¥ normalty niSed at thair 5ettkmenl ¥mount ¥ftei alknving kn any trade dis¢wts . Critical ¥crountir¥J estimat•9 and I19nts the appltat)n ofthe charty's a¢cuntw poki88. the trustees are requirwj lo m•ke juthJements, eslimal ar assurrytions abt Ihè orry9 amount ol assets ara1 1th"litss that are not readily apparent from other soUrs. The eslimales and assocted assumptions #Te based on historical experience and othor faLttors that 4re considBied to bè re¥AL A¢tual r85dts may differ from ostimales. The estimates and undety.ng assumpti15 we ¥1ed on an ongoing basis. ReViSnS to ¥¢Unting estimates ar¢ renised in Ihe perKMI tn whic the estimate is rewsed wher8 the wsion affects only that pe[1. or in the period of th¥ re¥isK)n and lulure periods whoro the rews)n aflecls trA)th Tren1 and futu perKJds. Incom• from 4Jonations and l•g¢i•¥ Totsl lunds 2026 fvnd• 2026 202S 202S 2025 t)Onaln$ and gfts Grants 1.980 1.045 1.000 265,695 2.963 26B,587 1.045 2.892 3.025 4.855 286.695 271,SSO Grants Community Foundal*Jn NorthumberLqnd CO Council Football FoutIOn 807 2.085 29.795 235.9C 31,880 235.900 1.045 1,045 2,892 265.695 288,587 12-
AMBLE DEVELOPMENT TRUST NOTES TO THE FINANCIAL STATEMENTS {CONTINUED) FOR THE YEAR ENDED 31 MARCH 2026 It)como ftc4x oth•rtidlng •¢tlvltl•¥ Unmtiicted Unrestrlcted funds 2025 2fj26 Rènts raciwed Advertisin9 109,885 9.445 108,266 9,331 olr Ir¥di)g actNibes 119.310 117,597 Exp•ndltw• ¢)n ch•ritiJbl• actlvlti Charitable ActSvltlo6 2026 Charltsble Actk¥ltlèB 2025 Staff costs DepreciatNJn ifrwirment Raies InsuranrA Ltqht and ho81 Telephone 62,$6S 32.874 1.180 9.832 19.526 1.595 67,812 8,658 2,740 8,436 20,128 1,687 F 11 Pn'nth'ng, p05t4e statK¥ Svndries Ir0d Costs RepaS & renewals Legal & professicrfl fee$ Bank Gharges EntaIning 9.00S 4.232 2,675 15.494 7.416 322 10,271 3,505 2,550 13,998 4,823 2S6 166.818 142,864 (knil funding of Mts 61 Share of PpOrt and govern•nc• eogts1g•• nots 71 G)vemance 1,8 1,880 168,7CS 145.344 An*ly818 by lund Unrestricted funds Restricted fund8 168,7CIS 144.744 168,7Ce 145.344 13-
AMBLE DEVELOPMENT TRUST NOTES TO THE FINANCIAL STATEMENTS ICONTINUED) FOR THE YEAR ENDED 31 MARCH 2026 Grants payable Charitabl• Activitles 212$ ¢>•nl$ to irmlividuals fjOD Support ¢t8 allocal•d to adi¥iti•• 21126 202$ Govemanc8 costs 1.890 1,880 Analy8•d b•teen: Charrtable Adiyrt$ 1,890 1.880 2026 2025 Govom•n¢• ¢osts cofflprim: Ind9pdent eXInerS fees 1,8 1,880 1,8 1,880 N•t fflov•m•nt in funds 202$ 2026 The nel mo¥ement in fim(ts is stated after tharginl1J)'. Depreciation of owned tang fixed assets 32.874 8,859 Tru8ts9• None of the Iruslees {01 ¥ny p3 (¥nnethd with Ihernl TecepRd any reThinoration or bfrnefits from the charity dLrring the yèar. The d)arity paid £4.(KKJ(2s.. £3.7LX)) to Pt•ls A¢vxmknts Limiled & Peek Practi for bookkeepKbg and olh8r accwntiTrJ sarvics ¢JrirKJ the year. DGS Ni(knl is a dwedor aNJ memtr ol the$9 ¢ompanie5. No tnJ$tee or cther Telated to the charty I pwson81 thtere$l in •ny other contiacts or tranBactions entered into by charhty durw th6 y8ar P025". £NiD. 14-
AMBLE DEVELOPMENT TRUST NOTES TO THE FINANCIAL STATEMENTS {CONTINUED FOR THE YEAR ENDED 31 MARCH 2026 to Employes The monthly number of empbyees dunng yw was." 2026 2025 Numb•r CharitaNe actlvrtie$ Management and administration TrAal Empknyffl•nt ¢ts 2026 2025 Wages and 8alar So¢ial security costs Other cxJsIs 81.7 62.952 4.233 627 62,565 87.812 AmoLFnts pahl lo key marwggNnt PWBoMel n the year totslw £25,124 {2025.. £24.3501. There re no empbyee5 whose annual r&mwrabon Vds mtye than £.(). 11 Tuatk•n The tharrty is ex¢nyt from taxalion on its ac1r¥Ih bwAuse au its Yorr is applied for charikblg purposes. 15-
AMBLE DEVELOPMENT TRUST NOTES TO THE FINANCIAL STATEMENTS ICONTINUED) FOR THE YEAR ENDED 31 MARCH 2026 12 T¥nglbl• fix•d Tol•l to propwty •UiPmV frttlr Cost Al 1 April 2025 ALklitions 2.120.026 205,835 59.e40 143.3(r2 59.817 82.650 2,611,630 59,880 At 31 March 2026 2.120.026 265.895 143.32 59.817 82,650 2,671,49) Dèpreciation and knpaimiont At 1 Apnl 2025 Depreciation cwed the 48.123 57,673 81,865 187,861 5.573 536 196 32.874 Al 31 March 2026 53,698 58.209 a2.1 220,535 Carying amount At 31 March 2026 2,120.026 239.126 89.6(k3 1.608 589 2,450,955 At 31 March 2025 2,120.026 205,835 95.179 2,144 785 2,423.969 Lond kncrtvn ¥ Ambltr Wro w wity irnn5ferrgd lo Iho Irwt dwirq the 2CXJ516 year from tho kjcal authority. This land is a fecTeation giovnd f the enjoyment ol the people of Amble. This asset has not been valued in thg accounts. given the dtfvukn'es in e$labli$hiny a tnarket walue. as L pemitted by the SORP. In ditson. the Town Square was also translerred to thè Trust in 2000. Agatyi. du• lo the diff¢ulty in establishing market value, no value ha3 been Ewen lo this asset In the a(1¥nts. Freehohj land and buildirvJs are stated at cost sS inyinnent. No deprecIan has been charges on Ihe freehd buikjings as the InleeS consider Ihal the ll$U81 vakne of Ihe buildings is not bess than theif carrying amount and thwefore any depreoatb)n chwge would be immatèrAI. The trusteès revièw IhLq assessment anrwjaI and Crmder the assels for wirment where Ind1$ exist. 13 Fixod aM•t kn¥•strn•nts Other In¥Mlm•nts Cogt or ¥aluition Al 1 Awd 2025 & 31 W26 Carying amount Al 31 Marth 2026 At 31 Mar¢h 2025 2026 202S Oll*r fftvestrnents iThiprise.' Investments in subsidiaries 16-
AMBLE DEVELOPMENT TRUST NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR fHE YEAR ENDED 31 AIARCH 2026 14 Dgbtorn 2026 2025 Amounts falling du• wlthln ono y••r. Trade debtofs Prepayments aTrJ acYMd incLYne 148.046 1r.111 1.765 9.517 254.157 15 CvodJtorn: amounts hlling due wlthlTr on• y•ar 2026 2025 Othor taxati arml soc4al secgjrty Trade cre(Jrtors Amounts ¢xed to f8llcAY undertakings Accruals and delerred inc4)m• 7.982 2,208 8.259 148,146 3.481 68. 16.077 29,876 228,692 16 R•strict•d fun The reslriced ldS of th& ¢haiity comprise the unexpeftd balances of donatiDrts and antS hold on trust Sl0cl 10 5Pgcik CA)ndttK)ns by donors as to hcw Ihey may be Ltsed. At 1 April Incoming R••owc¢s 202$ txpend•d TrnMf•rn At 31 March 2026 Playzone Plop Small grant IUFYJ 265,695 [265,695) 400 1265.695) 400 At l April 2024 Incomln9 R•soU•S m4)U expend•d Trnnsf•tA At 31 March 2025 Playzone Projed Small gr•nl fund 265.695 265,695 400 1600) 266.695 16rpJ) 266,095 Playzono proiect This fyprèsents ¢aptlal fvnding rtteNed tcrH¥wd8 the Amble Playzone •t Ambh Wellare. Smill grJnt fund Ths fepresenls fvnds recetved to be rtarded to 10 kxat OlglSations. 17-
AMBLE DEVELOPMENT TRUST NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2026 16 Restrict•d funds IContlnu•dl Tran$ler¥ b•iw••n As all capilal funds for the Pkyzone Projeca have been fijlty expended aThJ th¥ assated reSttionS h#v$ been fulfilled. the remaining frjnd balance. equal to the net bk of Ihè related caprtal a$sels, d5 translerW lo unresliiclèd funds. 17 UnrvJtricted lunds The unreStrted futsjs oflho charty c4)rryise Ihe un8xnd8d of dationS and gTanls which are not $ubpd 10 5pecFfic conditKJns by donors •nd grantors as lo how they may bo used. Thesa include designaled funds whh have t8n set aside out ol Lwvesln'ded furKl$ by th? tru8lees for specfft PUfPQ$eS. At 1 April Incomln9 Rwourc 202$ y¥Ur( expended Trafel¥ At 31 March 2026 Capital reseNe General reseNe 2,218.134 265279 132,8741 1135,832) 265,895 2,4SO,955 252,827 123.180 2.483.413 121180 1168,706) 265,895 2.703.582 PrnvI0 year: At 1 April 2024 IrMmiry Rvtyur Transf•rs At 31 PAr¢h w•8ourw expended 2025 C¥pilal reserve General resaThe 2.224.793 278.581 (6,6591 1138,0851 2.218,134 2,279 124,783 2.503.374 124.783 {144,744) 2.483,413 18 AMlysi• of n•t as¢% betYen fund Unmtric•Ed R•strict•d fvnds lund• 2028 2026 Total 2026 At 31 M•r¢h 2026: Tangible assets Investments Current as88tslllkabilits) 2,450.955 2.450.955 252.625 253.025 2.703.$82 2.703.982 18.
AMBLE DEVELOPMENT TRUST NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2026 18 Anatysis of net assets b•t••n fwd¥ Icontlnuedl un#5¢d RKtricted funds fund$ 2025 202S Total 2026 At 31 March 2025: Tangib assets Invostm8nts Cnt assetsllbabqitiBS) 2.21B.134 205,835 2.423.969 265,277 60,260 325.537 2.483.413 286,095 2.749,508 tg R•lat•d yrty trnn8action• Al Ih& year end there was a bfilaf of £3,&)9 to ADT Northurrl)grlKI Limit8d 12025.. £3,481). the subskliary ofthè ranty. Lty•l St of th• Tru•1 The Trust 15 a cL¥npany linit•d by guarantee and has no $har8 c•al. In the ftt of thé chartty bein9 wotsnd up, th8 liability In $(¢1 of the guar8rrte8 i¥ limited lo £1 pef member of the c**ity. 19-